4261 Uptown Newport Drive 1, Newport Beach, California 92660, Newport Beach, - bed, bath

home-pic
ACTIVE$3,750,000
4261 Uptown Newport Drive 1, Newport Beach, California 92660
3Beds
3Baths
2,861Sqft
Lot
Year Built
2024
Close
-
List price
$3.75M
Original List price
$3.75M
Price/Sqft
-
HOA
$1,231
Days on market
-
Sold On
-
MLS number
OC25053513
Home ConditionExcellent
Features
Deck
Pool
Spa
ViewNeighborhood, Pool

About this home

Parkhouse Residences, the ultimate expression of sophisticated coastal living designed to emphasize the best of Newport Beach and connection to its Southern California surroundings. This intimate, boutique enclave is the culmination of nearly a decade of design and planning offering a limited selection of premium residences and the only brand-new condominium development of its kind on the horizon for Newport Beach. With just 5 homes remaining, Parkhouse Residences is delighted to introduce our newest model home. With only two homes ever designed with this floor plan , this is the final one available and also the largest remaining home in our collection. Residence 8 features a spacious primary suite, including a bonus sitting room, a private terrace, dual walk-in closets, and a spa style bathroom. Expansive windows flood the space with light, offering views of the pool deck below and Uptown Newport Park in the distance. Plus, the two private balconies provide a unique neighborhood perspective, creating the perfect setting for alfresco entertaining or a serene personal retreat. Tailored amenities include a heated pool and spa, resort-inspired cabana, and state-of-the-art fitness center. The bespoke lobby provides direct elevator access to the residence, while owners enjoy private 2-car garages with storage.

Price History

Date
Event
Price
03/17/25
Listing
$3,750,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (43 Listings)
Beds32
61%
Baths33
50%
Square foot2,8611,748
86%
Lot Size00
Price$3.75M$1.6M
89%
Price per square foot$1,311$1,035
84%
Built year20249920992
100%
HOA$1,231$775
77%
Days on market233189
80%
Condition Rating
Excellent

This property was built in 2024, making it a brand-new construction. The description explicitly states it's a 'brand-new condominium development' and the 'newest model home.' The images confirm a pristine, modern aesthetic throughout, featuring high-end finishes and appliances. The kitchen boasts a Wolf range, integrated refrigerator, wall ovens, marble countertops with a waterfall island, and stylish brass fixtures. Bathrooms are spa-like with freestanding tubs, modern vanities, and contemporary tiling. Hardwood floors are consistent, and lighting is recessed and modern. All components are new, meeting the highest current quality standards with no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

Exclusivity & New Construction: Parkhouse Residences is the only brand-new condominium development of its kind on the horizon for Newport Beach, built in 2024, offering an intimate, boutique enclave with limited availability.
Luxurious & Spacious Interior: This residence boasts a generous 2861 sqft, featuring a spacious primary suite with a bonus sitting room, private terrace, dual walk-in closets, and a spa-style bathroom, representing the largest remaining floor plan.
Premium Community Amenities: Residents enjoy tailored, high-end amenities including a heated pool and spa, resort-inspired cabana, state-of-the-art fitness center, bespoke lobby with direct elevator access, and private 2-car garages with storage.
Prime Coastal Location: Located in Newport Beach, this property offers sophisticated coastal living in a highly desirable and prestigious Southern California city.
Abundant Natural Light & Private Outdoor Spaces: Expansive windows flood the space with natural light, complemented by two private balconies perfect for alfresco entertaining or serene personal retreats, offering neighborhood and pool views.

Cons

High Price Point: The list price of $3.75 million positions this property in a very exclusive market segment, significantly limiting the pool of potential buyers.
Substantial Monthly Association Fees: A significant monthly association fee of $1,231 adds a considerable recurring cost to homeownership, which may deter some buyers.
Limited Premium Views: While offering pleasant neighborhood and pool views, the property does not feature the highly sought-after panoramic ocean or city lights views often expected at this luxury price point in Newport Beach.

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